GO2bank vs. Synchrony Bank
GO2bank's High Yield Savings advertises up to 4.50% APY. The 4.50% applies to the first $5,000. The bank states no rate for the balance above that.
Synchrony Bank's High Yield Savings advertises 3.55% APY.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
On a $10,000 balance, Synchrony Bank's High Yield Savings earns about $355 in a year. GO2bank's High Yield Savings states no rate for the balance above $5,000, so this page gives no figure for it on $10,000.
Choose Synchrony Bank if you want a no-strings-attached account.
Important Considerations
GO2bank's 4.50% APY applies only up to $5,000. The bank states no rate for the balance above that.
GO2bank's High Yield Savings advertises its top rate only if you also open a checking account with GO2bank, while Synchrony Bank's High Yield Savings stands alone.
| Metric | GO2bankHigh Yield Savings Oct 5, 2026 | Synchrony BankHigh Yield Savings Oct 5, 2026 |
|---|---|---|
| APY | Up to4.50%On the first $5,000 · no rate stated above | 3.55% |
Earns in a year | $5,000+$225 $10,000+$225 $25,000+$225 | $5,000+$177 $10,000+$355 $25,000+$887 |
Min. Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | A GO2bank checking account is required to open a savings account. The stated APY is up to $5,000. Balances above that earn no interest. | - |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppChecking BundleStable Rate | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily CompoundingRate Changes Often |
Prefer In-Person Banking?
Both of these institutions are online-only. If you need in-branch access, check out our list of savings accounts with brick-and-mortar locations.
Comparison Analysis
Comparing GO2bank vs. Synchrony Bank
Executive Summary
GO2bank has not changed its rate since at least January 21, 2026, while Synchrony Bank last changed its rate on September 29, 2026, up 25 basis points. GO2bank paid 0.05% on average on savings and money market deposits. Its savings account offers a standard rate of 4.5%. Synchrony Bank's savings account offers a standard rate of 3.55%. Synchrony Bank paid 3.35% on average on savings and money market deposits.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why GO2bank?
- Higher potential APY (4.50% vs 3.55%) (first $5,000 only, checking account required)
Why Synchrony Bank?
- No checking account or direct deposit required
Key Feature Differences
Better Returns at $10,000
Synchrony BankSynchrony Bank's High Yield Savings earns more on smaller deposits (approx. $355 vs $225/yr).
Better Returns at $25,000
Synchrony BankSynchrony Bank's High Yield Savings pulls ahead with larger amounts (approx. $887 vs $225/yr).
Shared Benefits
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
GO2bank vs. Synchrony Bank Savings Calculator
You earn $134.7 more with Synchrony Bank than GO2bank on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
GO2bank
High Yield Savings
Savings Breakdown
- Interest Earned+$220.30(2.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,220.30
Synchrony Bank
High Yield Savings
Savings Breakdown
- Interest Earned+$355.00(3.4%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,355.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still at a large branch bank?
A typical branch-bank savings rate is 0.05% APY. On a $10,000 balance, the gap to these two banks is at least $220 a year in interest.
Both GO2bank and Synchrony Bank advertise far more than that typical branch-bank rate.
| Feature | GO2bank | Synchrony Bank |
|---|---|---|
| APY | 4.50% Observed: 10/5/2026 Stable over 90 days | 3.55% Observed: 10/5/2026 0.25%90-day change |
| Product Name | High Yield Savings | High Yield Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $5 per month, unless you set up direct deposit | $0 |
| Compound Frequency | Quarterly | Daily |
| Branches | None | None |
| Physical Branches | Not reported | 2 (FL, UT) |
| Direct Deposit Req. | None | None |
| Checking Bundle | Yes | No |
| Mobile Apps | ||
| FDIC or NCUA Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | F | Not Rated |
| Important Notes | A GO2bank checking account is required to open a savings account. The stated APY is up to $5,000. Balances above that earn no interest. | - |
| Next Steps | Visit SiteVerify at GO2bank Non-sponsored link to official site | Visit SiteVerify at Synchrony Bank Non-sponsored link to official site |
What each bank pays on deposits
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
GO2bank
The two figures answer different questions, so they sit side by side and are not combined. The 4.50% applies to the first $5,000. The bank states no rate for the balance above that.
In Q2 2026, Green Dot Bank Dba Bonneville paid a higher average rate on savings and money market deposits than 0% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
Each figure is that bank's own charter-level average across its whole deposit book, so the two are shown one after the other and are not a ranking.
Synchrony Bank
The two figures answer different questions, so they sit side by side and are not combined.
In Q2 2026, Synchrony Bank paid a higher average rate on savings and money market deposits than 97% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
How to read these figures
What the average covers. It is an average across the whole bank, taken from its own quarterly FDIC call report. It covers savings accounts and money market deposit accounts, personal and business, at every balance tier. It also covers accounts that were opened years ago and keep the rate of those years. The FDIC line does not separate consumer accounts.
The second figure. The scale row also shows the average across all interest-bearing deposits: savings, interest checking, money market accounts, CDs, personal and business. That figure covers the whole deposit book. The two are shown separately and are not combined.
What the advertised rate covers. It is the rate that this bank advertises now for a new savings account. Banksparency records it from the bank's website on the date shown beside it.
Why the two differ. They measure different things, so this page shows them side by side and keeps them apart. An advertised rate applies to one account, opened now, at today's price. The average also includes older savings balances at the rates of earlier years, money market balances that were priced in a different rate environment, and business accounts. An average below an advertised rate is the usual result of that arithmetic. On its own it is not evidence about the account that you would open.
What the average is useful for. The bank files the data itself, under reporting instructions that are the same for every filer, and the same computation runs for every bank on this site. That makes it comparable in a way that an advertisement is not. Two things on this page read it: the percentile, which shows where the quarter sits among all filers, and the chart, which shows the direction the figure has moved across quarters.
What the average cannot tell you. It cannot tell you the rate that you would earn. No single customer earns the average. For your rate, read the advertised rate above and the rate tables on this page, each with the date it was observed.
What to do next. Use the advertised rate to work out what a new account earns. Use the chart to see how the quarterly average has moved against the all-bank median. Then compare the advertised rate against the current rates on the savings-rate tables before you open an account.
Definitions: Call Report · Rate Paid on Deposits · Interest-Bearing Deposits · Front Book and Back Book · Deposit Rate Percentile
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.
CD rates, term by term
GO2bank has no CD listed on Banksparency. Synchrony Bank lists 15 CD terms, from 3 to 60 months. Its highest rate is 4.50% APY on the 60-month CD. Each row below is one term, with the FDIC national average for that term beside it.
| Term | Synchrony Bank APY | FDIC average (Sep 2026) |
|---|---|---|
| 12 months | 4.20% APYNo minimum | 1.73% |
| 3 months | 0.25% APYNo minimum | 1.13% |
| 6 months | 4.10% APYNo minimum | 1.41% |
| 9 months | 4.15% APYNo minimum | |
| 11 months | 0.25% APYNo minimum | 1.73%12-month average |
| 13 months | 4.40% APYNo minimum | 1.73%12-month average |
| 14 months | 4.30% APYNo minimum | |
| 15 months | 4.30% APYNo minimum | |
| 16 months | 4.30% APYNo minimum | |
| 18 months | 4.35% APYNo minimum | |
| 19 months | 4.35% APYNo minimum | |
| 24 months | 4.35% APYNo minimum | 1.61% |
| 36 months | 4.40% APYNo minimum | 1.36% |
| 48 months | 4.40% APYNo minimum | 1.28% |
| 60 months | 4.50% APYNo minimum | 1.38% |
GO2bank: no CD listed on Banksparency.
Money market accounts
A money market account holds a savings balance and adds check or debit card access. The figure each bank advertises is its best APY across every active tier, so the sentence under it says which balance earns that rate.
GO2bank
No money market account listed here.
Synchrony Bank
Money Market Account
2.00% APY
No minimum. As observed Oct 5, 2026.
The FDIC national money market average was 0.63% in Sep 2026.
Compare Savings Rates Over Time
Historical Performance
| Metric | GO2bank | Synchrony Bank |
|---|---|---|
| High Yield Savings | High Yield Savings | |
Current APY | 4.50% | 3.55% |
Trend | Stable | Stable |
Speed of change | 0.00 | -0.04 |
Days Since Change | 364 | 6 |
12-Month High | 4.50% | 3.80% |
12-Month Low | 4.50% | 3.30% |
Changes per month | 0.00 | 0.41 |
Steadiness | 0.000 | 0.026 |
How to read these metrics(Click to expand)
Trends and speed
- Trend: The general direction of the rate over the analyzed period. Useful for seeing whether a bank is raising its rate or letting it slip.
- Speed of change: How fast the rate moves. A high positive number means they raise rates quickly. A reading of 0.10 is a tenth of a percentage point each month.
- Changes per month: How often the rate moves. A high number means it changes constantly; a low number means it holds.
Risk & Range
- High/Low: The absolute ceiling and floor of the rate during the 364-day window.
- Steadiness: How far the rate swings around its average. A lower score means a steadier, more predictable rate.
- Days Since Change: A high number, for example above 90, means the rate rarely moves. A low number means it changed recently.
Compare Similar Alternatives
Compare GO2bank vs...
Comparing against other Bundled Accounts
Compare Synchrony Bank vs...
Comparing against Standard Savings
More Comparisons
Compare GO2bank's APY of 4.50% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| GO2bank vs Ally Bank | 3.10% | $0 |
| GO2bank vs American Express | 3.10% | $0 |
| GO2bank vs Axos Bank | 4.21% | $0 |
| GO2bank vs Barclays | 3.65% | $0 |
| GO2bank vs Capital One | 3.10% | $0 |
| GO2bank vs Chime | 3.75% | $0 |
| GO2bank vs CIT Bank | 3.75% | $100 |
| GO2bank vs EverBank | 4.20% | $0 |
| GO2bank vs Marcus by Goldman Sachs | 3.50% | $0 |
| GO2bank vs Newtek Bank | 4.20% | $100 |
| GO2bank vs Openbank | 4.15% | $500 |
| GO2bank vs Pibank | 4.25% | $0 |
| GO2bank vs SoFi Bank | 4.20% | $0 |
| GO2bank vs Varo Bank | 3.75% | $0 |
| GO2bank vs Wealthfront | 4.20% | $0 |